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Company

American International Group, Inc.See more

addressAddressPhiladelphia, PA
type Form of workFull-Time
CategoryAccounting/Finance

Job description

Who we are

American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.

Get to know the business

General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far reaching property casualty networks. General Insurance offers a broad range of products to customers through a diversified, multichannel distribution network.

Underwriting

AIG's underwriters develop insurance solutions that address the exposures of companies and individuals, and embody AIG's tradition of innovation, bringing to market groundbreaking insurance solutions for our changing world. AIG's underwriters help to find insurance solutions for risks from a range of areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients and High Net Worth individuals.

About the role

We have an exciting opportunity for an Underwriter II on our Private Non-Profit team in Philadelphia. This role underwrites under general supervision, issuing quotes and policies while ensuring standards and compliance guidelines are met. These individuals will analyze information and can have an opportunity to connect with clients and brokers.

What you need to know:
  • Evaluating, prioritizing, and selecting submissions to be underwritten.
  • Demonstrating technical underwriting skills through strategic, thorough account reviews and file documentation.
  • Exercising judgment, negotiating, and making sound business decisions effectively based on level of authority.
  • Adhering to guidelines and underwriting discipline to minimize exposure and appropriately price risks
  • Working with management, brokers, clients, and outside counsel on contract terms and conditions on a portfolio of mainstream and complex risks.
  • Participating in various underwriting and marketing initiatives to improve company results and drive portfolio strategies.
  • Identifying opportunities for growth within new and existing production sources
  • Working with management to develop unique local broker strategies for assigned brokers to drive profitable results in line with product objectives.
  • Ensuring our marketing initiatives are achieved and that consistent communication of our risk appetite and value proposition are provided to our brokers and clients.
  • Representing AIG at client and broker functions with supervision as necessary/appropriate.
  • Providing superior customer service to brokers and clients (internal & external).


What we are looking for:
  • 2+ years of relevant professional experience. (Commercial Insurance Company, Agency or Brokerage experience preferred.)
  • Bachelor's degree from a four-year college or university preferred.
  • Demonstrated sales, marketing, and relationship building experience.
  • Working knowledge of the US Financial Lines business (D&O, EPL, PTL, Cyber, Fidelity) including product features, forms, regulatory environment, and risks et. is preferred
  • Strong verbal and written communication skills.
  • Ability to work in dynamic, rapidly changing environment, adapting to changing requirements and collaborating with a wide range of colleagues to quickly deliver solutions, especially regarding technical aspects.
  • Comfort with financial statements, analytical tools and technology.


#LI-ME1

#LI-HYBRID

A look at our Benefits

We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.

We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com. Reasonable accommodations will be determined on a case-by-case basis.

AIG reserves the right to conduct a criminal background check, tailored to the requirements of a job, after a conditional employment offer is made. Unless otherwise required by law, AIG does not automatically exclude any applicant with a criminal conviction for a job or class or jobs. For more information about Philadelphia law specifically, copy and paste the following link within your browser: http://www.phila.gov/HumanRelations/PDF/BTB%20POSTER%20FINAL_3-9-16.pdf

Functional Area:

UW - Underwriting

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Risk Specialists Companies Insurance Agency, Inc.
Refer code: 2328916. American International Group, Inc. - The previous day - 2023-02-03 13:45

American International Group, Inc.

Philadelphia, PA
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